‹ Analysis & Projections

Annual Energy Outlook 2012

Release Date: June 25, 2012   |  Next Early Release Date: January 23, 2013  |   Report Number: DOE/EIA-0383(2012)

Oil IconOil/Liquids

exec summary Executive Summary

  • Domestic crude oil production increases....Read full section
  • With modest economic growth, increased efficiency, growing domestic production, and continued adoption of nonpetroleum liquids, net imports of petroleum and other liquids make up a smaller share of total U.S. energy consumption ...Read full section

Market trends icon Market Trends

  • Oil price cases depict uncertainty in world oil markets.... Read full section
  • Trends in petroleum and other liquids markets are defined largely by the developing nations... Read full section
  • Production from resources other than crude oil and natural gas liquids increases... Read full section
  • Renewable energy sources lead rise in primary energy consumption... Read full section
  • Transportation uses lead growth in consumption of petroleum and other liquids... Read full section
  • Biofuels and natural gas liquids lead growth in total petroleum and other liquids supply... Read full section
  • U.S. crude oil production increases, led by lower 48 onshore production... Read full section
  • U.S. crude oil production varies with price and resource assumptions... Read full section
  • U.S. net imports of petroleum and other liquids fall in the Reference case... Read full section
  • U.S. consumption of cellulosic biofuels exceeds renewable fuels standard in 2035... Read full section
  • Infrastructure hurdles limit near-term growth in consumption of E15 and E85 fuels... Read full section
  • Shifts in fuel consumption guide future investment decisions for refiners... Read full section

issues Issues in Focus

legs Legislation and Regulations


figure data

Reference Case Tables
Table 1. Total Energy Supply, Disposition, and Price Summary XLS
Table 11. Liquid Fuels Supply and Disposition XLS
Table 12. Petroleum Product Prices XLS
Table 14. Oil and Gas Supply XLS
Table 18. Energy-Related Carbon Dioxide Emissions by Sector and Source - United States XLS
Table 18.1. Energy-Related Carbon Dioxide Emissions by Sector and Source - New England XLS
Table 18.2. Energy-Related Carbon Dioxide Emissions by Sector and Source - Middle Atlantic XLS
Table 18.3. Energy-Related Carbon Dioxide Emissions by Sector and Source - East North Central XLS
Table 18.4. Energy-Related Carbon Dioxide Emissions by Sector and Source - West North Central XLS
Table 18.5. Energy-Related Carbon Dioxide Emissions by Sector and Source - South Atlantic XLS
Table 18.6. Energy-Related Carbon Dioxide Emissions by Sector and Source - East South Central XLS
Table 18.7. Energy-Related Carbon Dioxide Emissions by Sector and Source - West South Central XLS
Table 18.8. Energy-Related Carbon Dioxide Emissions by Sector and Source - Mountain XLS
Table 18.9. Energy-Related Carbon Dioxide Emissions by Sector and Source - Pacific XLS
Table 21. International Liquids Supply and Disposition Summary XLS
Table 61. Lower 48 Crude Oil Production and Wellhead Prices by Supply Region XLS
Table 63. Oil and Gas End-of-Year Reserves and Annual Reserve Additions XLS
Table 75. Imported Liquids by Source XLS

About the Annual Energy Outlook

Previous Editions of the AEO

Documentation and Assumptions